Stock Options and Award Programs (Tables)

12 Months Ended

Dec. 31, 2021

Stock Options and Award Programs

Nonvested restricted stock shares activity

	2021		2020
NON-VESTED AWARDS
Non-vested awards outstanding, January 1,		173,748		50,750
Granted (+)		83,326		231,873
Cancelled (-)		-		-
Vested (-)		135,758		108,875
Non-vested awards outstanding, December 31,		121,316		173,748
Weighted-average remaining contractual life (in years)		0.9		1.2
Unamortized RSA compensation expense	$	338,263	$	362,426
Aggregate intrinsic value of RSAs non-vested, December 31	$	476,772	$	1,683,618
Aggregate intrinsic value of RSAs vested, December 31	$	1,388,903	$	708,920

Schedule of nonvested share activity

	2021				2020
			Weighted				Weighted
			Average				Average
			Grant Date				Grant Date
NON-VESTED AWARDS	Shares		Fair Value		Shares		Fair Value
Non-vested balances, January 1,		52,500	$	3.93		84,166	$	3.81
Cancelled (-)		-		-		1,666	$	2.60
Vested/Excercised (-)		27,500	$	0.00		30,000	$	3.68
Non-vested balances, December 31,		25,000	$	3.98		52,500	$	3.93

Schedule of stock option activity

	2021				2020
			Weighted				Weighted
			Average				Average
OUTSTANDING AND EXERCISABLE AWARDS	Shares		Exercise Price		Shares		Exercise Price
Awards outstanding, January 1,		187,334	$	5.66		350,833	$	5.89
Cancelled (-)		834	$	4.60		11,666	$	4.47
Expired (-)		5,000	$	13.04		49,333	$	6.03
Exercised (-)		41,500	$	4.38		102,500	$	6.40
Awards outstanding, December 31,		140,000	$	3.54		187,334	$	5.66
Awards vested and expected to vest,
December 31,		140,000	$	5.79		186,197	$	5.67
Awards outstanding and exercisable,
December 31,		115,000	$	5.63		134,834	$	5.37

Weighted-average remaining life, share-based compensation

			Vested and		Outstanding
			Expected to		and
	Outstanding		Vest		Exercisable
Weighted-average remaining contractual life (in years)		0.83		0.83		0.89
Aggregate intrinsic value	$	-	$	-	$	-

Schedule of employee service share-based compensation

	YEAR ENDED DECEMBER 31, 2021						YEAR ENDED DECEMBER 31, 2020
	Shared-Based Compensation Expense						Shared-Based Compensation Expense
	Employees		Directors		Total		Employees		Directors		Non-Employees		Total
Restricted stock compensation expense	$	539,658	$	264,534	$	804,192	$	375,122	$	329,851	$	-	$	704,973
Non-qualified option stock compensation expense		79,571		-		79,571		98,789		-		6,519		105,308
Total share-based compensation before taxes	$	619,229	$	264,534	$	883,763	$	473,911	$	329,851	$	6,519	$	810,281